Shiba Inu’s Anonymous Founder ‘Riyoshi’ May Have Quit Crypto World, All Tweets Erased


Perhaps Ryoshi, the anonymous founder of Shiba Inu, has decided to leave the cryptocurrency world. In a somewhat encouraging farewell message, the creator of SHIB, who went by the pseudonym “Riyoshi,” announced his decision on a post on Medium. While Ryoshi has previously hinted at a move out of the crypto world, speculation about this farewell note claims that the scammer may be behind Riyoshi’s Medium post. At the moment, the RiyoshiRiyoshiResearch account with more than 200,000 followers appears on Twitter, but all posts have been deleted from his page, showing correspondence with the exit post.

“I don’t matter, and one day I will leave without warning. Take SHIBA and take a ride uphill,” states the Riyoshi Medium publication published on May 30.

Screenshots of this post have found their way on social media, with people warning members of the crypto community, that this could be a fake scam.

Despite Riyoshi’s supposed exit from the crypto field, Shiba Inu’s work will remain unaffected.

This was confirmed by Shytoshi Kusama, the lead developer of Shiba Inu who also claimed that he is not even aware of Ryoshi’s true identity.

“Ryoshi has been and remains one of the most successful anonymous founders of any project ever. Although I don’t know his identity, his legacy lives on in the Shib code, the Shib ecosystem and all the projects we expect to decentralize the world,” Kusama noted.

Despite all the hype about SHIB’s future at this point, the cryptocurrency is currently trading at $0.00012 (approximately Rs.0.000958) according to Gadgets 360’s crypto price tracker.

On CoinMarketCap, SHIB ranks 16th, with a live market capitalization of $6.45 billion (about Rs 50,140 crore). More than 549 trillion SHIB coins are currently in circulation, with the maximum supply yet to be determined.

Well, if Riyoshi has indeed moved out of the crypto world, the decision comes at a time when Shiba Inu is working on her metaverse.

Earlier in March, developers Shiba Inu announced that a total of 100,595 virtual plots would be put up for sale on the metaverse, some of which would remain private.

Shiba Inu is also listed on crypto exchanges such as Robinhood and Bank of America crypto ATMs, which could boost its adoption.


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